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Laxmi Cotspin LAXMICOT.NS · INR

N/A · NSE · 🇮🇳 India

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12.35

+1.56%

Close of 9 Nov 2026, in INR

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About Laxmi Cotspin

Its shares trade on NSE under the ticker LAXMICOT.NS. It has been listed since 31 March 2017. In the fiscal year to 31 March 2026, it reported revenue of ₹1.54bn and a net loss of ₹12.0m. At that date it held total assets of ₹1.12bn and shareholders' equity of ₹608.1m.

Laxmi Cotspin Ltd. engages in the business of cotton processing in the textile industry. The firm is engaged in the business of cotton processing in the textile industry. The company is a manufacturer of yarn and has an existing open end and ring spinning unit to cater to the yarn markets in Maharashtra and Gujarat. The company specializes in providing varieties of cotton yarn, cotton bales, and cotton seeds. The company is engaged in the business of home textiles, weaving sector, denim manufactures and hosiery manufacturers through open end yarn and ring spun yarn. The company also manufactures 100% quality cotton combed and carded hosiery/ warp conventional, organic and better cotton initiative (BCI) yarn in count range of 10s Ne to 40s Ne for the purpose of exporting to Asian and European countries. The company has a capacity of approximately 16800 spindles with compact, lycra and slub attachment. The company has an open-end unit with approximately 3000 Rotors. Its subsidiaries include Laxmi Spintex Private Limited and Laxmi Surgical Healthcare Private Limited.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
N/A
Industry
N/A
Listed since
31 Mar 2017

Leadership

Pay as last reported

  • Rajesh BansalNon-Executive Chairman of the Board
  • Mr. Anup GindodiyaChief Financial Officer
  • Mrs. Soni KarwaChief Compliance Officer, Company Secretary
  • Mr. Sanjay RathiManaging Director, Executive Director, since 2015
  • Mr. Bhavesh PatelExecutive Director, since 2016
  • Mrs. Prafullata RathiAdditional Director
  • Mr. Shivratan MundadaNon-Executive Non-Independent Director
  • Mr. Satish BhakkadNon-Executive Independent Director
  • Ritesh MantriNon-Executive Independent Director

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Laxmi Cotspin Ltd has 16800 spindles capacity for yarn production in Maharashtra and Gujarat.
  • The company offers 100% quality cotton combed and carded yarn for export to Asia and Europe.
  • Laxmi Spintex Private Limited and Laxmi Surgical Healthcare Private Limited are key subsidiaries.

Weaknesses

  • The company's open-end unit has only 3000 Rotors for spinning operations.
  • Laxmi Cotspin Ltd is limited to yarn manufacturing without diversification into other textile segments.
  • The firm relies on Maharashtra and Gujarat markets for yarn sales.

Opportunities

  • Expanding into organic and BCI yarn markets for European and Asian exports.
  • Growing demand for home textiles and denim manufacturing in India.
  • Increasing global demand for cotton seeds and bales from textile industries.

Threats

  • Competition from other cotton yarn manufacturers in Maharashtra and Gujarat.
  • Fluctuations in cotton prices affecting production costs.
  • Dependence on Asian and European export markets for revenue.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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